All Budget articles – Page 2
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NewsShare prices of property firms tumble amid mini-Budget turmoil
The share prices of major property firms have plummeted this week as investors reacted to the government’s controversial tax cuts, a run on the pound and a growing expectation of interest rate hikes through the autumn.
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News
Industry disappointed by lack of action in Sunak’s statement
Spring Statement seen as missed opportunity due to lack of sweeping business rates reform and rise in VAT.
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News
More pain, no gain
May we live in less interesting times. This Wednesday marked the second anniversary of the UK entering lockdown for the first time.
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News
No spring in Sunak’s steps
The UK property industry has given a lukewarm response to chancellor Rishi Sunak’s Spring Statement, welcoming the government’s tax cuts but criticising its lack of announcements on business rates and the levelling-up agenda.
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News
Industry gives mixed reaction to Sunak’s Spring Statement
The UK property industry has given a mixed reaction to chancellor Rishi Sunak’s Spring Statement, welcoming the cut to VAT but criticising its lack of announcements on business rates and the ’levelling up’ agenda.
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News
Mixed reaction from property industry to Sunak’s Autumn budget
Chancellor Rishi Sunak’s Autumn budget announcement this afternoon has received a mixed reaction from the UK property industry.
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Professional
Can landlords benefit from recent Budget tax breaks?
For some in the built environment, it looked like the recent Budget did not offer much in the way of tax breaks for commercial property landlords.
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Online
Sunak says “the job has only just begun” in summer statement
Chancellor of the exchequer Rishi Sunak has said “the job has only just begun” as he unveiled a package of sweeping measures designed to stimulate the economy in today’s summer statement.
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Online
No business rates for 12 months in new £330bn Covid-19 package
The chancellor has waived business rates for a year for the entire retail and leisure industry as part of a new £330bn coronavirus package.
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Online
Natural History Museum to receive £180m in spring budget
The Natural History Museum will receive £180m from the government over the next six years to create a new science and digitisation centre at the Harwell Science and Innovation Campus.
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Online
SMEs call on government to drop business rates
Nearly three quarters of UK small and medium enterprises (SMEs) have called on the government to drop business rates in this week’s budget, according to a survey of 1,004 SMEs.
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Professional
Will ATM ruling have a positive impact on the struggling retail sector?
Some believe the overturned ATM business rates decision is a bigger win than anything in the Budget.
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Insight
Fear of being seen as party of the rich warps Tory policy on home ownership
We all know what the Budget did for residential property owners (correct answer: not much) but it’s worth understanding the politics behind some of Philip Hammond’s decisions to gauge what’s likely to happen in the future.
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Insight
Brexit casts a shadow over Budget’s proposals
As Property Week ’s Budget coverage highlighted, the Office for Budget Responsibility (OBR) mildly upgraded its growth forecasts and now expects the UK economy to grow at 1.6% in 2019, up from the 1.3% spring forecast.
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Insight
Hammond dashes high street’s high hopes
‘Malities, malities, malities, malities – that’s the four malities over.’ Now that’s a funny joke.
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Online
Housebuilder shares boosted by Budget
Housebuilders were among the top risers on the FTSE 100 on Tuesday following the release of the Budget the day before.
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Insight
UK should look to CEE for logistics opportunities
Property Week ’s article on Expo Real in Munich rightly indicated the seemingly unstoppable rise of the industrial and logistics sector in the UK and Europe
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Insight
SDLT rise would be smokescreen
The chancellor has pledged to publish a consultation in January on a 1% SDLT surcharge for non-residents buying residential property in England and Northern Ireland.
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Insight
Autumn Budget: trick or treat?
With a distinct chill in the air and with only two days before Halloween, did an increasingly ghoulish-looking chancellor deliver more tricks or treats for the property sector?
